14, LOWE HILL ROAD, WEM, SHREWSBURY, SY4 5UA - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 LOWE HILL ROAD is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £195,000 in February 2020, which was around 38% below the average February 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

14 LOWE HILL ROAD Sold Prices

Land registry data shows two sales for 14 LOWE HILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 14 LOWE HILL ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 21 FEB	£195,000	£312,843	38% below HPI
2004 21 MAY	£110,000	£214,672	49% below HPI

14 LOWE HILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 14 LOWE HILL ROAD sales from May 2004 and February 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2004 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 14 LOWE HILL ROAD?

14 LOWE HILL ROAD is 102m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses in Wem, based on EPC data. The below chart shows the distribution of detached houses by size in Wem, and where 14 LOWE HILL ROAD lies on this distribution: 51% of detached houses are smaller than 14 LOWE HILL ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Wem.

14 LOWE HILL ROAD: Plot and Title Map

14 LOWE HILL ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 14 LOWE HILL ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 LOWE HILL ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 LOWE HILL ROAD?

14 LOWE HILL ROAD is located in WEM, in the SY4 postcode district. The below map shows the position of No. 14 on LOWE HILL ROAD.